Binance ETHUSDT 15m Trend Prediction

Observing from the candlestick charts and technical indicators, ETHUSDT exhibits clear downward characteristics within the current 15-minute cycle. The Bollinger Bands show the price approaching the lower band, yet there are no signs of the downward trend stopping. The sustained negative value of MACD and the oversold state of RSI suggest a potential for short-term rebound, but market momentum remains favoring bears, and short-term downward pressure persists. From the moving average system perspective, short-term moving averages are below long-term moving averages, indicating a bearish alignment. Caution is advised for the upcoming trend, with attention to key support levels. The long-short position ratio and account count both indicate bearish sentiment, and the active buy-sell ratio shows significant selling pressure, which may lead to further testing of support levels. In terms of amplitude and market transactions, despite the influence of funding rates, overall market trading activity remains modest, reflecting cautious sentiment towards the current price levels. It is recommended to monitor the support zone between 3142.92 and 3165.00. If this area is broken, operational strategies should be adjusted accordingly, targeting a lower support level at 3089.01. For short-term trading, considering the current bearish trend and the performance of various technical indicators, maintaining a flat or light position is more prudent, awaiting clearer signals. The operational suggestion is to patiently wait for the price to retrace toward the support zone, observe signs of rebound before confirming entry, and strictly manage risks, especially when the price approaches or breaks below support levels, with timely stop-loss measures.